ASC 6.67% 1.6¢ adultshop.com limited

It just goes to show how little a companies actual performance...

  1. 1,263 Posts.
    It just goes to show how little a companies actual performance in terms of profitability matters in terms of short term share price.

    As the poster above said, ASC is priced pretty much the same as when it wasn't making any money ( breakeven). Now its making $19 million a year ( based on last quarter ) and got stacks of cash yet market valuation is still the same. Market inefficiency at its best.
 
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Currently unlisted public company.

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